Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported):
November 15, 2017
Central Pacific Financial Corp.
(Exact name of registrant as specified in its charter)
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Hawaii | 0-10777 | 99-0212597 |
(State or other jurisdiction | (Commission File | (I.R.S. Employer |
of incorporation) | Number) | Identification No. |
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220 South King Street, Honolulu, Hawaii | 96,813 |
(Address of principal executive offices) | (Zip Code) |
(808) 544-0500
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act . o
ITEM 8.01. OTHER EVENTS
On November 14, 2017, the Board of Directors of Central Pacific Financial Corp. (the “Company”) authorized an increase in the share repurchase program authority by an additional $50 million. This amount is in addition to the $30 million in planned repurchases authorized earlier this year. A copy of the press release relating to this repurchase program is attached hereto as Exhibit 99 and incorporated herein by reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Central Pacific Financial Corp. |
| (Registrant) |
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Date: November 15, 2017 | /s/ David Morimoto |
| David Morimoto |
| Executive Vice President and Chief Financial Officer |
EXHIBIT INDEX
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Exhibit No. | Description |
99 | Press release dated November 15, 2017 |